Strong production growth and the oil price boom lifted Chevron’s (CVX) profit in the second quarter. Earnings, however, missed analysts’ forecast and the stock fell sharply after the announcement. The company also announced plans to repurchase $3 billion of its shares every year. Second-quarter earnings surged to $3.4 billion or $1.78 per share from $1.5 … Continue reading Chevron earnings rise on production spike, but miss street view